Wednesday, June 02, 2010

Unintended But Obvious Consequences

I preach to every class that a government established minimum wage is a mirage; an exercise of magic and mirrors in which a seemingly benevolent government is dispensing largesse to an oppressed working class without somehow imposing a tax burden on the economy. It is nothing of the sort.

But take a look at this microcosm example:

We Raise Your Wage, You Lose Your Job, Your Economy Collapses

But, it wasn't supposed to work that way when they voted for it!

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